Strengthening Egyptian-Turkish private sector partnerships to achieve sustainable development goals: Finance Minister
Egyptian Finance Minister Ahmed Kouchouk emphasized the government’s commitment to improving the business environment and reducing financial burdens through integrated fiscal, investment, and trade policies. These efforts aim to drive…
Putin holds pre-summit briefing with BRICS media, discusses global order, Ukraine, expansion
Russian President Vladimir Putin held a pre-summit briefing with heads of leading BRICS media agencies on Thursday, offering insights into Russia's position on a range of global issues, including the…
Al-Sisi calls for enhanced economic cooperation at BRICS Business Forum
Egyptian President Abdel Fattah Al-Sisi delivered a recorded address to the BRICS Business Forum on Friday, emphasizing the importance of economic cooperation and investment among member countries. “This forum is…
Egypt’s FM underscores importance of African ties in meeting with parliamentarians
Egypt's Foreign Minister and Minister of Emigration, Badr Abdelatty, met with members of the Egyptian House of Representatives' African Affairs Committee on Saturday. The meeting, led by Committee Chairperson Sharif…
Egypt host BRIDGE roundtable to connect private sector with UK funding
Egypt’s Ministry of Planning, Economic Development, and International Cooperation hosted a “Business Roundtable for Innovation, Development & Government Engagement” (BRIDGE) session, bringing together representatives from the private sector, export councils,…
No more fuel price hikes for 6 months, Egyptian PM says
Egypt’s Prime Minister Mostafa Madbouly has said there will be no further fuel price increases in the next six months. Speaking during a visit to the Minya Governorate on Saturday,…
Putin Hosts BRICS Business Forum, Underscores Importance of Economic Cooperation
Russian President Vladimir Putin hosted the BRICS Business Forum on Friday, emphasising the importance of close economic partnership among BRICS nations and highlighting the group's growing economic influence on the…
Will Egypt benefit from the IMF decision to reduce lending fees?
After intense pressure and urgent demands from its member states, the International Monetary Fund (IMF) decided to review its policy regarding the additional fees it imposed on borrowing countries. The…
CBE withdraws EGP 1.24trn from 24 banks in open market operation at 27.75%
The Central Bank of Egypt (CBE) withdrew EGP 1.24tn from 24 banks in open market operations last week, at an interest rate of 27.75%. This action follows the CBE’s recent…
Non-food inflation main driver of overall price increases: CBE
Egypt's annual urban headline inflation slightly increased to 26.4% in September, compared to 26.2% in August 2024. Non-food inflation continued to be the primary driver of headline inflation, as it…